Mobile Payment service by Orange in Ivory Coast
Orange Ivory Coast and BNP Paribas are in an alliance to instigate Orange Money service. This mobile payment service will provide following benefits to its customers:
- Day-to-Day banking services (deposit and withdraw up to XOF 100,000)
- Transferring Money from one person to another
- Buying up to XOF 10,000 of call credit and paying bills
Orange says the system guarantees transactions against the risk of theft or fraud and is fully compliant with West African Economic and Monetary Union regulations. All transactions are guaranteed for senders and recipients. The customers do not need to hold a bank account to subscribe to the service.
Marc Rennard, international executive director, Africa, Middle East and Asia Pacific, said, “By launching Orange Money in the Ivory Coast, we are bringing several months of work to a close with a service that will make life easier for our customers by giving them the possibility to easily carry out bank transactions using their mobile, in total simplicity and total security.”
